Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 4 | 8 |
Acreage buckets
The median price for land in Harrisburg, Illinois is currently $16K per acre. For a typical parcel, the median sale price is $36K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $2K while premium lots reached $176K.
Harrisburg, Illinois is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 87.3% year-over-year.
Harrisburg, Illinois currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Harrisburg, Illinois typically sells within 206 days of listing. The median time on market is 226 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Harrisburg, Illinois is 5.6% (3-month basis), indicating slow demand. With depreciating values (-87.3% YoY), buyers may find value opportunities. The top-performing broker in this market is All In One Real Estate Company.
The median land price in Harrisburg, Illinois stands at $36K. This translates to roughly $16K per acre for the typical parcel size. The average price is $60K, indicating some higher-priced properties pulling up the average.
There are currently 12 active listings in Harrisburg, Illinois. 5 new listings have hit the market in the last 90 days. The median asking price is $145K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
